The Daily: Binance Tracker Available in Beta, New Crypto Exchange Ready in Two Weeks

Leading cryptocurrency exchange Binance has announced the launch of its new market intelligence app in beta. The mobile tracker is available for Android and iOS. Also in The Daily, an IT company offers a platform to build a crypto exchange in just two weeks, Shariah compliant trading platform promises to bring Muslim crypto enthusiasts into the space, and a Russian region issues Amurcoin.

Binance Launches Mobile Market Tracker

Binance, the largest crypto exchange by daily trading volume, has launched a new market intelligence application. The beta version of Binance Info is now available for both Android and iOS devices, the company announced on Twitter. According to its page, Binance Info provides comprehensive project information and market data for more than 1,200 digital coins and tokens, including their issue price, ICO date and circulating supply. It supports both fiat and crypto pricing with multiple base currencies to choose from and offers users real-time charts and indicators.

The launch of the mobile market tracker is part of a series of new announcements by the Chinese-run trading platform in the past few weeks. News.Bitcoin.com reported last week that Binance is setting up a fiat-to-crypto exchange in Liechtenstein through a joint venture with LCX. Also announced was a new educational portal in beta – Binance Academy. The platform is an open access learning hub supported by the Binance team. The exchange is reportedly also exploring opportunities to invest in a ”decentralized” bank in Malta.

Exchange Ready in Just Two Weeks

An IT company, specialized in software development for the fintech sector, has recently launched a platform that allows clients to create their own cryptocurrency exchange, fast and easy, the Russian Bitcrypto News reports. Softfx, which provides services to forex and crypto brokers, dealers, banks and investment funds, claims that with its modular solution customers can have their trading platform up and running within two weeks after presenting their requirements.

The Exchange platform comes with useful functionalities like automated purchases and sales of digital assets, crypto-based CFD trading, integration with a number of payment systems including Webmoney, Skrill, Qiwi, and Yandex Money, as well as wallets supporting cryptocurrencies like bitcoin core (BTC), litecoin (LTC), ethereum (ETH), and ripple (XRP). Companies can also add their own coins issued through ICOs, including ERC20 tokens. The developers promise high level of security and encryption for users’ personal information, financial data and funds, as well as protection against hacking and DDoS attacks.

Shariah Crypto Platform Launches in UAE

Adab Solutions, a company based in the United Arab Emirates, has created a Shariah compliant cryptocurrency trading platform named First Islamic Crypto Exchange (FICE). Striving to adhere to “the high moral requirements set forth by the Shariah community,” the company has decided to create an in-house Shariah Advisory Board in order to “ensure that Islam is finally included in the global cryptocurrency market.”

The Board has been created as an independent body including internationally recognized Shariah experts, the Arabian Business Community reported. Their role will be to provide inputs on Shariah matters and help FICE comply with Shariah principles. Adab Solutions hopes to not only ensure high quality of exchange services but also support the inclusion of Muslim crypto enthusiasts and traders into the space.

Russian Region Issues Its Amurcoin

Amur Oblast, a region located in Russia’s Far East, has emitted 1 million of its own tokens called Amurcoins. The cryptos will be used by participants in the Eastern Economic Forum (EEF) scheduled to take place September 11 – 13, 2018 in Vladivostok. EEF has become a major platform for the presentation of new strategies to develop and promote political, economic and cultural links between the Russian Federation and countries from the Asia-Pacific region.

EEF guests will be rewarded with Amurcoins for every stride they make at the venue of the event, Bitnovosti reports. They can use the tokens to purchase and pay for a variety of goods and services, from souvenirs and ice cream, to renting a hotel room. The experiment, supported by local crypto enthusiasts and their friends from Moscow, is intended to help visitors better understand what blockchain is, how cryptocurrencies work, and also present Amur as an innovative, high-tech hub. The Oblast is home to the first Russian digital economy school and is currently building an international blockchain center.

What are your thoughts on today’s news tidbits? Tell us in the comments section below.

Images courtesy of Shutterstock, Binance, Adab Solutions.

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Lubomir Tassev

Lubomir Tassev is a journalist from tech-savvy Bulgaria, which sometimes finds itself at the forefront of advances it cannot easily afford. Quoting Hitchens, he says: ”Being a writer is what I am, rather than what I do.“ International politics and economics are two other sources of inspiration.

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